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Full Truck Alliance Co. Ltd. (YMM) stock

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NYSE: YMM NYSE Application Software Next results ~November 19, 2026

B Fundamentals grade

Full Truck Alliance Co. Ltd. is a US-listed company in the application software industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

~$18

Cash-flow model

Base case. Range ~$14–$23 across our lower- and higher-growth cases (10.7%–20.7% a year).

Price vs value

Undervalued

The price is below our entire value range; our base value is 104% above it.

Price used: $8.72, November 2, 2026

Full Truck Alliance Co. Ltd. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Funds161 adding, 99 cuttingOf 45 active managers that changed their stake, 16 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Full Truck Alliance files

Where Full Truck Alliance Co. stands after its latest Filing

Revenue for the twelve months was $1.74bn, up 11.3% on a year earlier, slower than the 31.0% growth a quarter earlier. Free-cash-flow margin rose to 36.0% from -5.5% a year earlier. Operating margin widened to 33.2% from -81.5%. Against its peers on growth, profitability, cash generation and balance sheet, it grades B. It passes 2 of our 2 financial-health checks. Our cash-flow model value is $17.78 a share, against a share price of $8.37.

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 19, 2026 (estimated)

Full Truck Alliance Co. Ltd.'s trailing-twelve-month revenue grew 11.3% year on year, with a free-cash-flow margin of 36.0%. Where it stands out: net margin of 35.7% ranks 7 of 185 application software companies we cover. Where it lags: change in growth rate of -19.8pp ranks 171 of 184 application software companies we cover.

Our discounted-cash-flow model values the business at ~$18 per share in the base case (~$14–$23 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Revenue growth decelerating: TTM revenue growth slowed to 11.3% (-19.8pp vs the prior quarter).

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Priced below our value. The share price of $8.72 is 104% below our value per share of $18.
  • High operating margin. 33.2% of revenue is left as operating profit, against a median of 1.1% for application software companies we cover.
  • Margins widening. Operating margin is up 11.2 points on a year ago.
  • Strong cash generation. 36.0% of revenue turned into free cash flow, against a median of 15.2% for application software companies we cover.
  • Net cash. Cash exceeds long-term debt by $0.9bn.

Things to watch

  • Growth slowing. The growth rate is 19.8 points lower than a quarter earlier.

Latest results

Earnings per share
$1.36 against an average estimate of $1.26: beat by 7.7%
Next report
November 19, 2026

Full Truck Alliance's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+4.2%
  • 1 week+4.4%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$1.7B
Operating margin
33.2%
Net margin
35.7%
EPS (TTM, diluted)
$0.59

Growth

Revenue growth
+11.3%
Change in growth rate
−19.8 pts
Share count change
+0.1%

Cash

Free cash flow (TTM)
$626M
FCF margin
36.0%
Stock pay % of revenue
2.3%

News & updates

Updated November 2, 2026

Company announcements, filed results and changes that matter to shareholders.

No recent updates are available for YMM from the sources we follow. See filings →

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Full Truck Alliance Co. Ltd. valuation models and calculator

What the price is pricing in

The share price implies about 0.2% a year of cash-flow growth for five years.That is slower than the 36.0% a year revenue growth Full Truck Alliance has delivered.

Read with care: free cash flow has swung sharply in the past year (often a one-off tax, legal or working-capital item), so the cash-flow base behind this reading may be unusually low or high.

  • Priced in0.2%
  • Last 12 months11.3%
  • 3 years a year20.1%
  • 5 years a year36.0%

Our cash-flow model with every input fixed except growth over the next five years, solved for the growth at which the model value equals the share price ($8.78, Nov 3, 2026). Cash-flow growth then fades to 2.5% a year; discount rate 8.5%. Delivered figures are revenue growth from SEC filings. This is a model exercise, not investment advice or a forecast of the share price. All companies

Fundamentalytics rating

model v1.6 · 2026-11-03
Buy12-month view
12-month price target
~$18
Price used
$8.78close November 3, 2026
Implied change
▲ +103%
Uncertainty
Low

How we got here: a discounted-cash-flow model of Full Truck Alliance Co. Ltd.'s free cash flow after stock-based pay with after-tax interest added back ($450M, FY2025 Q4 TTM), growing 15.7% a year for five years and fading to 2.5%, discounted at 8.5%. Lower and higher growth cases span ~$14–~$23 ; that spread sets a 15% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Our value per share comes from a discounted-cash-flow model of Full Truck Alliance Co. Ltd.'s free cash flow after stock-based pay ( $450M, FY2025 Q4 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value Full Truck Alliance Co. Ltd. as an operating company, with every model that fits that kind of business. Cost of equity 9.9%: the 10-year Treasury yield (4.9%) plus a beta of 1.1 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$18 ~$14–$23 Primary model, counts double
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. ~$1.3 ~$9.9–$23 Left out: out of range vs price (0.15x)
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$2.2 ~$1.5–$3.3 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$0.8 ~$0.8–$1.0 Left out: out of range vs price (0.10x)
Combined value Weighted average of the models that apply: the primary model (cash-flow model (dcf)) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$13 ~$2.2–$18 2 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Full Truck Alliance Co. Ltd. with Application Software in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

What moves the value

  • Revenue growth 5 points lower ▼ −22%
  • Revenue growth 5 points higher ▲ +28%
  • Free-cash-flow margin 1 point lower ▼ −2%
  • Last year's free-cash-flow margin change, if it persists ▲ +33%
  • Discount rate 1 point higher ▼ −13%
Value per share under different assumptions
Discount rate ↓ / growth → −5% growth0% growth5% growth10% growth15% growth20% growth
7% $9$11$14$18$23$29
8.5% $7$9$11$14$17$22
10% $6$7$9$11$14$17

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: High.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 19, 2026, before the open.

Analysts' consensus

No analyst estimates are published for Full Truck Alliance Co. Ltd.: too few analysts cover it.

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 $1.26 $1.36 +7.7%
Mar 2026 $0.97 $1.15 +18.8%
Dec 2025 $0.98 $1.01 +3.2%
Sept 2025 $1.02 $0.93 −8.7%

Adjusted EPS as companies report it, against the average analyst estimate.

Analyst recommendations

15 analysts, Nov 2026
Buy1387%
Hold213%
Sell00%

Monthly trend

  1. Nov 202649215
  2. Oct 202649215
  3. Sep 202649215

Counts of recommendations published by analysts covering Full Truck Alliance Co. Ltd., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
2.4%
of tradable shares
Days to cover
3.3
at average volume
Short interest, 1 month
+9%
to October 15, 2026
Held by institutions
85%
of shares
Held by insiders
1.0%
of shares
Employees
8,251
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Recent prices are available. Older price history and the statistics that need it are being loaded in the background.

Price behaviour

52-week range
Not enough history
From 52-week high
—
vs 50-day average
—
vs 200-day average
—
Volatility (1 year)
—
Beta vs S&P 500
—

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Options strategies

All options ideas

How Full Truck Alliance Co. Ltd.’s listed options are priced, and three ways to use them that follow from our valuation. Quotes are delayed, read November 2, 2026. Check the live chain at your broker before trading.

Cash-secured put

Not offered: fundamentals grade B (needs B+ or better).

We suggest selling a put only on well-rated companies, at a strike where the price you would pay if assigned (strike less premium) is at or below our fair value.

Covered call

Not offered: no liquid call at or above our price target — the model says the upside is worth more than any listed strike.

For holders: sell a call at a strike at or above our fair value, so the shares are only sold at a price the model calls full value.

Collar

Not offered: the shares trade below our fair value: a collar caps upside the model expects.

For holders of a stock trading at or above our fair value: buy a put for a floor and sell a call to pay for it.

General research, not personal advice. Options can lose you more than you expect and are not suitable for everyone: put sellers can be made to buy shares that keep falling, call sellers give up gains above the strike, and results or news can move prices sharply. Chances shown are approximations from each option’s delta. Spreads, fees and early assignment are not modelled.

Full Truck Alliance Co. Ltd. in five measures

Fundamentals grade B
Growth Profitability Cash Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Full Truck Alliance Co. Ltd.
$0 $500M $1B $1.5B $2B FY19 Q4 FY21 Q4 FY23 Q4 FY25 Q4 Revenue (TTM), FY19 Q4: $358.2M Revenue (TTM), FY20 Q4: $374.1M Revenue (TTM), FY21 Q4: $722M Revenue (TTM), FY22 Q4: $1B Revenue (TTM), FY23 Q4: $1.2B Revenue (TTM), FY24 Q4: $1.6B Revenue (TTM), FY25 Q4: $1.7B $1.7B

Source: SEC EDGAR filings. Retrieved Invalid Date.

View chart data
Period Revenue (TTM)
FY19 Q4 $358.2M
FY20 Q4 $374.1M
FY21 Q4 $722M
FY22 Q4 $1B
FY23 Q4 $1.2B
FY24 Q4 $1.6B
FY25 Q4 $1.7B
Revenue growth, TTM YoY Full Truck Alliance Co. Ltd.
0% 50% 100% FY20 Q4 FY21 Q4 FY22 Q4 FY23 Q4 FY24 Q4 FY25 Q4 Revenue growth, TTM YoY, FY20 Q4: 4.4% Revenue growth, TTM YoY, FY21 Q4: 93.0% Revenue growth, TTM YoY, FY22 Q4: 38.9% Revenue growth, TTM YoY, FY23 Q4: 18.9% Revenue growth, TTM YoY, FY24 Q4: 31.0% Revenue growth, TTM YoY, FY25 Q4: 11.3% 11.3%

Source: SEC EDGAR filings. Retrieved Invalid Date.

View chart data
Period Revenue growth, TTM YoY
FY20 Q4 4.4%
FY21 Q4 93.0%
FY22 Q4 38.9%
FY23 Q4 18.9%
FY24 Q4 31.0%
FY25 Q4 11.3%
Operating margin (TTM) Full Truck Alliance Co. Ltd.
-150% -100% -50% 0% 50% FY19 Q4 FY21 Q4 FY23 Q4 FY25 Q4 Operating margin (TTM), FY19 Q4: -41.3% Operating margin (TTM), FY20 Q4: -140.1% Operating margin (TTM), FY21 Q4: -81.5% Operating margin (TTM), FY22 Q4: -2.4% Operating margin (TTM), FY23 Q4: 11.8% Operating margin (TTM), FY24 Q4: 22.0% Operating margin (TTM), FY25 Q4: 33.2% 33.2%

Source: SEC EDGAR filings. Retrieved Invalid Date.

View chart data
Period Operating margin (TTM)
FY19 Q4 -41.3%
FY20 Q4 -140.1%
FY21 Q4 -81.5%
FY22 Q4 -2.4%
FY23 Q4 11.8%
FY24 Q4 22.0%
FY25 Q4 33.2%
FCF margin (TTM) Full Truck Alliance Co. Ltd.
-40% -20% 0% 20% 40% FY19 Q4 FY21 Q4 FY23 Q4 FY25 Q4 FCF margin (TTM), FY19 Q4: -37.8% FCF margin (TTM), FY20 Q4: 20.2% FCF margin (TTM), FY21 Q4: -5.5% FCF margin (TTM), FY22 Q4: -1.5% FCF margin (TTM), FY23 Q4: 25.7% FCF margin (TTM), FY24 Q4: 25.8% FCF margin (TTM), FY25 Q4: 36.0% 36.0%

Source: SEC EDGAR filings. Retrieved Invalid Date.

View chart data
Period FCF margin (TTM)
FY19 Q4 -37.8%
FY20 Q4 20.2%
FY21 Q4 -5.5%
FY22 Q4 -1.5%
FY23 Q4 25.7%
FY24 Q4 25.8%
FY25 Q4 36.0%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 20-F. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2025, from the 10-K

Each dollar Full Truck Alliance took in during FY2025, followed through to profit: what it cost to make, what went on research and running the business, and what was left after tax.

  1. Revenue $1.7B
  2. Other income $173M · 9.9%
  3. Cost of revenue $643M · 37.0%
  4. Gross profit $1.1B · 63.0%
  5. Research and development $122M · 7.0%
  6. Selling, general and admin $342M · 19.7%
  7. Other operating costs $54.7M · 3.1%
  8. Operating income $577M · 33.2%
  9. Income tax $129M · 7.4%
  10. Net income $620M · 35.7%

Shares of revenue. Source: Full Truck Alliance's 10-K for FY2025, as filed with the SEC. "Other" lines are what the reported lines leave unexplained. Other income is income outside operations, such as investment gains.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025
Income
Revenue 358 374 722 1,003 1,192 1,562 1,738
Gross profit 157 183 328 479 610 853 1,095
EBITDA −138 −515 −578 −11 152 355 591
Operating income −148 −524 −588 −24 141 344 577
Net income −221 −503 −567 61 315 434 620
Diluted EPS −$0.33 −$0.76 — $0.06 $0.28 $0.42 $0.58
Growth (year on year)
Revenue — +4.4% +93.0% +38.9% +18.9% +31.0% +11.3%
EBITDA — — — — — +134.2% +66.5%
Operating income — — — — — +144.0% +67.7%
Net income — — — — +413.1% +37.9% +42.9%
Diluted EPS — — — — +374.5% +47.5% +40.2%
Margins
Gross margin 43.8% 49.0% 45.5% 47.8% 51.2% 54.6% 63.0%
EBITDA margin −38.4% −137.6% −80.1% −1.1% 12.7% 22.7% 34.0%
Operating margin −41.3% −140.1% −81.5% −2.4% 11.8% 22.0% 33.2%
Net margin −61.6% −134.5% −78.5% 6.1% 26.4% 27.8% 35.7%
Free-cash-flow margin −37.8% 20.2% −5.5% −1.5% 25.7% 25.8% 36.0%
Cash flow
Cash from operations −134 83 −33 −2 321 413 644
Capital spending 2 8 7 13 14 10 18
Free cash flow −135 76 −39 −15 307 402 626
Stock-based pay 66 472 563 137 62 69 39
Free cash flow after stock pay −201 −396 −602 −152 244 333 587
Balance sheet
Cash 572 1,542 672 745 954 796 867
Total debt 0 0 1 0 0 0 0
Net debt (negative = net cash) −572 −1,542 −671 −745 −954 −796 −867
Diluted shares 660m 685m 672m 1,079m 1,058m 1,045m 1,046m
Returned to shareholders
Dividends — — — 0 0 148 198
Buybacks — — 0 0 25 0 5
Total returned — — 0 0 25 148 203

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

2 of 2 checks passed · December 31, 2025
What it owns · $6.3bn
Short-term assets $3.3bnLonger-term assets $3.0bn
What it owes, and who funded it · $6.2bn
Short-term liabilities $408mLonger-term liabilities $29mShareholders' equity $5.8bn
  • Short-term assets cover short-term liabilities $3.3bn of assets due within a year against $408m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $3.3bn short-term assets against $29m of longer-dated liabilities.
  • More cash than debt Cash or debt not separately reported. Not assessable.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt Cash flow or debt not reported. Not assessable.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Full Truck Alliance Co. Ltd.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2025 Q4 TTM
Buybacks (TTM)
$4.9M
Dividends (TTM)
$198M
Returned to shareholders
32%
of free cash flow
Buybacks, last 3 fiscal years
$30.3M
Diluted share count
+0.1%
year over year
Total shareholder yield
2.2%
dividends 2.2% + buybacks 0.1% of market value
Dividend payout ratio
32%
of net income paid out
R&D spending
7.0%
of revenue

Competitors: side by side with peers

Closest by revenue in application software
Last 12 months unless stated YMM PEGA PATH PCTY ESTC ACIW Median
Revenue, last 12 months $1.7bn $1.7bn $1.7bn $1.8bn $1.8bn $1.8bn $482m
Revenue growth, last 12 months 11.3% 0.9% 15.0% 11.0% 16.2% 7.0% 12.0%
Revenue growth, 3-year average — 8.9% 14.4% 14.7% 17.4% 9.9% 11.1%
Revenue growth, latest quarter — 3.1% 13.4% 11.0% 15.1% 7.3% 11.9%
Gross margin 63.0% 75.9% 82.6% 69.2% 75.5% 49.1% 69.2%
Operating margin 33.2% 9.9% 8.9% 21.8% −2.6% 18.6% 1.1%
Operating margin, 3-year average — 12.2% −2.7% 19.8% −4.8% 19.3% −0.8%
Net margin 35.7% 16.9% 21.0% 15.2% 20.8% 12.4% 2.1%
Cash from operations / revenue 37.0% 26.5% 21.7% 30.1% 19.6% 18.1% 18.2%
Free-cash-flow margin 36.0% 25.3% 21.1% 28.1% 19.4% 17.1% 15.0%
Free-cash-flow margin, 3-year average — 24.0% 21.8% 26.5% 17.2% 17.6% 16.2%
Stock pay / revenue 2.3% 8.3% 13.6% 7.8% 16.8% 4.3% 9.3%
Change in share count 0.1% 4.1% −2.5% −3.1% 2.2% −3.1% 2.2%

Median of all 185 companies we cover in application software. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

185 application software companies
Measure Company Peer median Rank
Revenue growth Growth 11.3% 12.0% 98 of 184
Change in growth rate Growth -19.8pp +0.2pp 171 of 184
Gross margin Profitability 63.0% 69.8% 100 of 160
Operating margin Profitability 33.2% 1.1% 10 of 181
Net margin Profitability 35.7% 2.1% 7 of 185
Free-cash-flow margin Cash generation 36.0% 15.2% 13 of 180
Stock pay as % of revenue Cash generation 2.3% 9.3% 16 of 177
Change in share count Balance sheet 0.1% 1.7% 63 of 163

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Who owns it

Funds buying and selling
Reported value
$6B
Institutions reporting
247
Shares held vs prior quarter
▲ 1.2%
Positions opened / closed
82 / 41

Top buyers and sellers, Q2 2026: 161 institutions bought and 99 sold ; the biggest buyer was Blackrock, Inc (+31.1M shares) and the biggest seller Aspex Management (HK) Ltd (−21.8M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
First Beijing Investment Ltd $745M 91.8M 12.4% ▲ 2.0%
Invesco Ltd. $504M 62.1M 8.4% ▲ 3.4%
Fil Ltd $491M 60.5M 8.2% ▼ 4.3%
Greenwoods Asset Management Hong Kong Ltd. $320M 39.5M 5.3% ▼ 3.7%
Blackrock, Inc. $261M 32.1M 4.3% ▲ 3120.4%
Krane Funds Advisors LLC $230M 28.4M 3.8% ▼ 0.9%
Davis Selected Advisers $224M 27.6M 3.7% ▼ 3.9%
Vanguard Capital Management LLC $191M 23.5M 3.2% ▼ 1.5%
Jpmorgan Chase & Co $187M 23.2M 3.1% ▲ 4.9%
Mitsubishi Ufj Trust & Banking Corp $182M 22.5M 3.0% ▲ 16.4%
All-Stars Investment Ltd $178M 21.9M 3.0% ▼ 0.7%
Alpine Investment Management Ltd $140M 17.2M 2.3% ▲ 55.8%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Full Truck Alliance Co. Ltd.'s complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $0 0 trades by 0 insiders
Net ▲ $0 net buying

No open-market insider trades reported in the last 12 months.

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Recent SEC filings

Data status

When each part of this page on Full Truck Alliance Co. Ltd. was last updated.

DataLast updatedSource
Share priceExchange closing prices
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Full Truck Alliance Co. Ltd. in brief

What does Full Truck Alliance Co. Ltd. do?
Full Truck Alliance Co. Ltd. is a US-listed company in the application software industry. Its financial year ends in December.
What is Full Truck Alliance Co. Ltd.'s stock ticker?
Full Truck Alliance Co. Ltd. trades under the ticker YMM on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Full Truck Alliance Co. Ltd.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Full Truck Alliance Co. Ltd. reported revenue of $1.7B, 11.3% higher than a year earlier, according to its SEC filings.
What is Full Truck Alliance Co. Ltd.'s free cash flow?
Full Truck Alliance Co. Ltd.'s free-cash-flow margin is 36.0% of revenue over the trailing twelve months, ranking 13 of the 180 application software companies we cover.
What is Full Truck Alliance Co. Ltd.'s fair value (intrinsic value) per share?
Our discounted-cash-flow model of Full Truck Alliance Co. Ltd.'s free cash flow after stock-based pay gives ~$18 per share in the base case, and ~$14–$23 across growth scenarios. These are model values under stated assumptions — not a price target or a recommendation.
Who are Full Truck Alliance Co. Ltd.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are First Beijing Investment Ltd, Invesco Ltd. and Fil Ltd. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Full Truck Alliance Co. Ltd. buying back stock, and does it pay a dividend?
Full Truck Alliance Co. Ltd. spent $4.9M on share repurchases over the trailing twelve months, and its diluted share count still rose 0.1% over the year.
Does Full Truck Alliance Co. Ltd. pay a dividend?
Yes: Full Truck Alliance Co. Ltd. paid $198M in dividends over the trailing twelve months, a dividend yield of 2.17% and a payout ratio of 32.0%.
Who are Full Truck Alliance Co. Ltd.'s competitors?
In our Application Software peer group, the companies closest to Full Truck Alliance Co. Ltd. are Pegasystems Inc, Uipath, Inc., Paylocity Holding Corp, Elastic N.V. and ACI Worldwide, Inc. The side-by-side comparison below sets their revenue, margins and growth against Full Truck Alliance Co. Ltd.'s.
When is Full Truck Alliance Co. Ltd.'s next earnings date?
Around November 19, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Full Truck Alliance Co. Ltd. announces its own schedule.